Atalaya beats FY guidance, sees 2019 as ‘transitional’ year

European copper miner Atalaya Mining has set a production guidance range of 45 000 t to 46 500 t for 2019, which is seen as a transitional year, given the commissioning of the plant expansion in mid-2019, which will increase production in 2020.

The miner, which is implementing a 15-million-tonne-a-year expansion project at its Proyecto Riotinto mine, in Spain, produced 42 114 t in 2018, compared with 37 164 t in 2017.